This report analyzes the water testing & analysis market, in terms of region, product type, and application.

The global market is dominated by Europe & North America. Developed European countries are emerging as leading exporters of water testing & analysis to the developing regions. The Asia-Pacific region is one of the prominent importer as well as manufacturer of water testing & analysis instruments. This region is projected to grow at the highest CAGR of 7.0% from 2014 to 2019. The growing government regulations and increasing environmental concerns are driving the market.

Globally, The market is driven by increasing awareness for water quality in various application industries such as food & beverage, pharmaceuticals, chemical, energy & power, electronics & semi-conductors, along with the waste water treatment industry.

The geographical and application-wise split was determined using secondary sources and verified through primary respondents. Demand in different regions was considered while estimating the market share of the different regions in the water testing & analysis market. The market estimation was also based on various parameters, such as the number of players, demand trends, supply trends, and the extent of research activity in a particular region. The market for global water testing and analysis instruments is projected to grow at a CAGR of 5.2% to reach a value of $3.5 billion by 2019.

The global water testing & analysis instruments market was valued at $2.7 billion in 2014 which is projected to grow at a CAGR of 5.2% from 2014 to 2019.

Water testing & analysis are used as majorly in laboratories and industrial applications. The increasing government regulations in developed countries in Europe & North America and stringent water quality standards for several industries define the global market.

In Europe and North America, water testing & analysis instruments are particularly used in laborites and industries such as food & beverage, pharmaceutical, medical, energy & power, electronics & semi-conductor, and waste water treatment. In most countries, the laboratory segment is the largest user of water testing & analysis instruments.

Globally, The market is driven by growing industrial applications for water testing & analysis instruments as well as increasing government and private funding for tackling environmental issues.

Water testing & analysis instrument manufacturers are stressing on technological innovations to provide end-users with innovative easy to use products & improved capabilities and multi-functionality.

The figure above depicts the market size of water testing and analysis products in 2014 and 2019 along with the projected CAGR through 2014 to 2019. TOC analyzers are growing at the fastest CAGR and hold the second largest market share in water testing and analysis instruments market.